Japan’s Q2 GDP has just been revised downward to +1.4% on an annualized basis, below expectations, while real wages are rising by 2.4%—their largest increase since 2021. The Bank of Japan finds itself in an uncomfortable position: tightening to defend a stronger yen or staying cautious in the face of disappointing growth. Meanwhile, BTC is down to 78 944$ (-1,28%) and ETH to 2 484$ (-1,20%), with macro pressure still firmly present at the start of the week. A yen at 154 per dollar supported by bets on a BoJ rate hike is a sign that global capital flows remain under strain—and that is feeding through to crypto indirectly. The real question is this: if the BoJ raises rates and the yen continues to strengthen, will Bitcoin find a floor—or will we test 77 000$ next? #BTC #Macro